By Sabrina Valle HOUSTON (Reuters) – Occidental Petroleum’s plan to pay off debt from its acquisition of CrownRock should result in a reduced financial burden within a year of closing, …
firms,
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By Ross Kerber (Reuters) – U.S. Senator Elizabeth Warren and 48 other Democratic lawmakers on Wednesday urged top payments companies to resume work on implementing a sales code for gun …
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MIsc. News
Japan firms see more listing-related burdens as TSE, shareholder pressure mount – Reuters poll
by Reutersby ReutersBy Makiko Yamazaki TOKYO (Reuters) – Most Japanese companies feel burdens related to being listed have increased amid growing pressure from shareholders and regulators for better governance and capital strategies, …
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By Sarah Marsh BERLIN (Reuters) – Nearly half of German companies operating in China are taking measures to reduce the risk of doing business there largely due to growing geopolitical …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
EXCLUSIVE: GOP-Led States Demand Major Firms Stop Backing Efforts To ‘De-Bank’ Conservatives
EXCLUSIVE: GOP-Led States Demand Major Firms Stop Backing Efforts To ‘De-Bank’ Conservatives Katelynn Richardson on December 4, 2023 Nearly two dozen state attorneys general signed onto a letter Wednesday demanding …
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(Reuters) – Economic uncertainties due to a rapid rise in interest rates forced U.S. companies like tech behemoth Amazon.com and Wall Street banks including Goldman Sachs to slash thousands of …
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(Reuters) – Global money managers and banks ranging from Vanguard to Goldman Sachs as well as the Singapore government rushed to grab a slice of Zomato after Chinese payments group …
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By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Chinese firms are on track for their strongest earnings expansion in seven years in 2024, LSEG estimates based on analysts’ expectations for …
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Greenpeace accuses China oil and gas firms of ‘greenwashing’ LNG purchases
by Reutersby ReutersBy David Stanway SINGAPORE (Reuters) – Big oil and gas companies in China and elsewhere are using low-quality carbon offsets to “greenwash” their imports of natural gas while failing to …
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China hopes Russia will provide policy support to Chinese auto firms – Chinese state media
by Reutersby ReutersBEIJING (Reuters) – China hopes Russia will give policy support for Chinese automobile enterprises to produce, sell and operate in Russia, Chinese state media cited China’s ambassador to Russia as …
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TOKYO (Reuters) – The number of Japanese firms planning to expand in China has fallen to less than 30% for the first time, according to a survey published on Tuesday, …
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Breaking NewsMIsc. News
Senator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits
by Reutersby ReutersBy David Shepardson WASHINGTON (Reuters) – Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the “strictest possible standards” to prevent Chinese-produced minerals or Chinese battery companies …
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Yellen warns Beijing: Chinese firms aiding Russia face ‘significant consequences’
by Reutersby ReutersBy David Lawder and Ann Saphir SAN FRANCISCO (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said the U.S. government had seen evidence that Chinese firms may be aiding …
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China’s Gotion High Tech: US IRA unlikely to deter firms from going abroad
by Reutersby ReutersSHANGHAI (Reuters) – Measures such as the U.S. Inflation Reduction Act are unlikely to stop firms from going abroad, as companies thrive through competition and not through regulation or subsidies, …
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Half of Japanese firms see earnings risks from Israel-Hamas conflict: Reuters poll
by Reutersby ReutersBy Daniel Leussink TOKYO (Reuters) – Almost half of Japanese companies see the conflict between Israel and Palestinian militants Hamas potentially hitting their earnings, citing concerns about a further rise …
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By Supantha Mukherjee STOCKHOLM (Reuters) – Vodafone’s bid on Tuesday to sell its Spanish business is the latest move by European telecom firms trying to strengthen their financial health by …
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By Elizabeth Howcroft LONDON (Reuters) – A bleak economic outlook and tougher regulatory scrutiny are proving a final straw for investors in European payments company stocks, with signs some are …
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MIsc. News
Biden officials set $3 billion bank deposit, procurement goals to boost minority firms
by Reutersby ReutersBy David Lawder WASHINGTON (Reuters) – The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost loans to minority and underserved …
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Governments, firms should spend more on AI safety, top researchers say
by Reutersby ReutersBy Supantha Mukherjee STOCKHOLM (Reuters) – Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
DCNF Reporter Discusses Venture Capital Firms’ Participating In Chinese Gov’t ‘Technology Transfer’ Contests
DCNF Reporter Discusses Venture Capital Firms’ Participating In Chinese Gov’t ‘Technology Transfer’ Contests Harold Hutchison on October 20, 2023 A Daily Caller News Foundation reporter discussed venture capital (VC) firms …
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Business News
US banks, tech firms offer support for Israel victims, announce aid
by Reutersby ReutersBy Lananh Nguyen and Aditya Soni (Reuters) -As big U.S. corporations kicked off corporate earnings season this week, executives addressed the Israel-Hamas conflict and some companies launched fundraising efforts. “I …
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Business News
Most Japanese firms expect China’s economic slowdown to persist into 2025 – Reuters poll
by Reutersby ReutersBy Tim Kelly TOKYO (Reuters) – Most Japanese companies expect a slowdown in China’s economy to persist into 2025, with nearly two thirds of firms that operate there looking to …
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Business News
Deloitte expands as PwC Maldives, Sri Lanka network firms exit – memo
by Reutersby ReutersBENGALURU (Reuters) -Accounting giant Deloitte is acquiring some of rival PricewaterhouseCoopers’ (PwC) Maldives and Sri Lanka network firms, according to a Deloitte memo seen by Reuters, strengthening the company’s presence …
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TAIPEI (Reuters) – Taiwan’s government has opened an investigation into four companies named in a media report as conducting business with firms linked to U.S.-sanctioned Huawei in China, and is …
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US and World News
US private equity firms challenge Amentum in race for Jacobs unit -sources
by Reutersby ReutersBy David Carnevali NEW YORK (Reuters) – U.S. buyout firms Veritas Capital and Platinum Equity are vying to acquire Jacobs Solutions Inc’s government consulting business, competing against rival contractor Amentum, …